1134 N Main St - Freestanding FOR SALE
Fountain Inn, SC 29644 |
$2,143,839 USD
415-274-2706
1134 N Main St
Fountain Inn, SC 29644
HIGHLIGHTS
- Brand new 15-year corporate lease to the nation ’s leading collision repair provider
- Absolute NNN lease structure – zero Landlord maintenance or expense responsibilities
- Caliber Collision recently renewed the lease for 15-years, the subject location has successfully performed across multiple economic cycles
- Low entry point basis, strong underlying real estate fundamentals – uniquely low occupancy cost relative to alternative Caliber Collision properties
- Strategically located site on Hwy 114 which connects Fountain Inn to Greenville
- The current rent is below market, which equates to an attractive basis of $154/SF
OVERVIEW
Recently renewed, 15-year absolute NNN corporate lease to the nation’s largest collision repair provider. Rare opportunity to acquire a proven Caliber Collision featuring a new long-term corporately backed lease and strong fundamentals priced below replacement cost ($154/SF). Located in Fountain Inn, a submarket of Greenville, SC, which has seen an explosive growth in recent years.
FOR SALE DETAILS
PRICE
$2,143,839 USD
PRICE/SF
$154 USD /SF
CAP RATE
5.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Caliber Collision
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Service Station, Service
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
1.56 AC
LAND SF
67,954 SF
ZONING
C
APN/PARCEL ID
0334.00-01-011.01,0334.00-01-011.03
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415-274-2706
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415-274-2706
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